Here we can see clearly in our hourly chart the clear Divergence on RSI indicator from the actual price action on the chart, I got my entry point & take profit. Just remember it’s a quick scalp, keep a close eye on Gold world’s number 1 precious yellow metal. Happy pip hunting traders.
Here we can see clearly the Divergance on the RSI indicator from the actual price action on the Hourly chart, but we can still see Gold prices are trading higher & it's possible that the price may challenge the 50- day SMA on the Daily time frame, which is acting as a resistance. Keep a close eye on Gold, world's number 1 precious yellow metal. Happy pip hunting traders.
Here's my general view of the Gold market & what I can see clearly from analysing chart, Here we can still clearly Gold price continues to move lower as FED taper talk picks up further momentum. Next SUPPORT for the Gold price @ 1750. Keep a close eye at Gold, world's number 1 precious yellow metal. Happy pip hunting traders.
Here we can see clearly that the US30 has posted 3 consecutive days of losses, & the price has tested the 100-day SMA on the daily time frame today. the 100 SMA is acting as a Support level for the Index price for now. Keep a close eye on US30, America's top 30 Businesses. Happy pip hunting traders.
Here we can see clearly in the Daily chart that the drop, dip or downtrend in US30 indicies is happening accordingly to my analysis (please check my US30 divergence) post, Here we can see, still clear Divergence on the RSI indicator & I still expect it to drop more to my level of TP’s which I put on the chart + the level it going to touch on the RSI Indicator...
Here we can see clearly the Divergence on the RSI indicator which shows us clear down trend movement from the actual price action on the chart. Keep a close eye on (Gold) world’s number 1 precious yellow metal. Happy pip hunting traders.
Here we can see that my favourite pair to trade XAUSUD(gold) in the Daily chart is at (DAILY ZONE 2) & it stopped last Friday @ level 1779.38. I can see clearly it might or might not reach & touch level 1790.82, baring in mind coming week RED flagged American Economic news which will go either ways. If it does touch's it(1790.82) which is unlikely to do it's...
Here we can see on 1hr chart my analysis for btcusd. Let’s see how it goes down because with btc we have to be very vigilant & cautious trading it. Here again we’re trading Bitcoin as an CFD trading, we’re not investing in it for a long run or got any interest in it other than CFD trading. Happy pip hunting traders
Here on daily chart we can see clearly on the RSI indicator that it’s forming (M) could it be reversal pattern on its way. Bearing in mind we’re here trading BTCUSD only as an CFD trading, not holding or investing in BTC. Let’s keep a close eye on BTCUSD, happy pip hunting traders.
Here we can see that XAUUSD is still consolidating within area of interest box, I put down my entry point for my idea of perfect entry, no need for rush entries. FX market is a game of PATIENCE & for SMART traders. Keep a close eye on Gold world’s number 1 precious yellow metal. Happy pip hunting traders.
Here we can see the GOLD broke level os structure (point of interest) & we had an impulse down trend movement, with the RSI indicator is still on downtrend movement. Keeping in mind we've a busy rest of the week important fundamental news red flagged American Economic news. keep a close eye on world's number 1 precious yellow metal. happy pip hunting guys.
Here we can see clearly that candle sticks touched 3 times the trend line, text book trend line strategy. let's keep a close eye on the GOLD world's number 1 precious yellow metal. Happy pip hunting traders.
Here we can see clear Divergence on the RSI indicator from the actual price action on the chart, let’s keep a close eye on world’s number 1 precious yellow metal. Happy pip hunting traders
Here we can see clearly in the RSI indicator with in the rectangle box it’s on over sold territory while it’s clearly forming (W) shape. Keep a good eye on FX Market numb1 MAJOR PAIRS. Happy pip hunting traders.
Here we can see clearly the XAUUSD (gold) is giving us the shape of double bottom(M), + the obviously clear Divergance on the RSI indicator that shows us we still on a DownTrend movement (Bearish). I'm on sale for a quick scalp once my Entry Point is crossed. keep a close eye on Gold today. Happy pip hunting traders.
Here we can see clearly the US30 Index (DJ) is continuing to retrace from its highest point + the obvious Divergence on the RSI indicator but it still shy moves to the downtrend is pretty Weak(YET). All those factor shows us that Bears are not totally ready to move the markets to there side. Keep a close eyes to the US30 index. Happy pip hunting traders
Here we can see clearly the US Index seems to have formed a double top (M), a bearish pattern, on the daily time frame. The RSI indicator is also showing us a Divergence down trend from the actual chart + it’s also near the overbought territory. Keep an eye on the US INDEX over coming days or week. Happy pip hunting traders.
Here we can see that XAUUSD (gold) is oversold on DAILY frame as per RSI indicator. Gold price experienced the largest one day SELL OFF. Since January this year. Watch XAUUSD (gold), happy pip hunting traders.